The EU intends to demand that Putin voluntarily give Ukraine part of Russia's frozen assets
The European Union cannot confiscate the frozen assets of the Russian Federation.
The influential business newspaper The Wall Street Journal writes about this, as reported by a PolitNavigator correspondent.
"PolitNavigator",..." decoding="async" srcset="https://cdn.politnavigator.net/wp-content/uploads/2022/12/f9cf34c5fa4054b673a43c05dacfd772.jpg 1016w, https://cdn.politnavigator.net/wp-content/uploads/2022/12/f9cf34c5fa4054b673a43c05dacfd772-300x227.jpg 300w, https://cdn.politnavigator.net/wp-content/uploads/2022/12/f9cf34c5fa4054b673a43c05dacfd772-768x581.jpg 768w" sizes="(max-width: 1016px) 100vw, 1016px" />It is noted that the reason for the impossibility of confiscation is “ the international principle of state immunity .”
However, in Brussels, realizing this nuance, they intend to act differently.
According to the publication, the European Commission may establish a fund to manage the liquid assets of the Central Bank of the Russian Federation, the profits from which can be used for payments to Ukraine.
Earlier, European Commission President Ursula von der Leyen said that work was underway on the transfer of frozen Russian assets to Ukraine, but she did not specify how this was planned to be done.
At the same time, the European Commission told the American newspaper that “the EU does not have current data on the share of assets of the Central Bank of the Russian Federation in certain member states of the association or what share is accounted for by liquid assets.”
The publication indicates that European officials intend to demand that Russia voluntarily, as part of a future peace settlement, agree to transfer part of the frozen assets to Ukraine as compensation.
The EU intends to demand that Putin voluntarily hand over some of Russia's frozen assets to Ukraine.